Tag: Vaca Muerta

• Wednesday, September 18th 2013 - 20:00 UTC

  Argentina’s Vaca Muerta formation among the world’s 23 highest tight oil reserve areas

  

  The Vaca Muerta formation in the Argentine provinces of Neuquén and Mendoza has been ranked among the 23 highest tight oil reserve areas in the world, according to to a report released yesterday by global information company IHS.

• Saturday, September 14th 2013 - 01:27 UTC

  Energy deficit is Argentina has become dramatic, admits YPF CEO Galuccio

  

  Argentina’s oil and gas corporation YPF CEO Miguel Galuccio admitted that the ‘energy deficit’ of Argentina has become a serious challenge since the country has started to face a serious shortage of light oil for refining.

• Wednesday, September 4th 2013 - 01:36 UTC

  Mexico’s Pemex oil company expected to join YPF in developing shale resources

  

  YPF Chief Executive Officer Miguel Galuccio said Argentina’s nationalized energy company is willing to form a partnership with Mexico’s state-run Petroleos Mexicanos to develop shale oil and natural gas deposits in the Vaca Muerta formation.

• Saturday, August 31st 2013 - 01:39 UTC

  Falklands’ Argentina banned oil companies linked to YPF partner Chevron

  

  An Argentine lawmaker claims that the US oil corporation Chevron which is investing heavily in developing shale resources in Neuquen with YPF is a partner of Oil Spill Response Limited that is also involved with the oil companies operating in the South Atlantic in Argentine waters but licensed by the Falkland Islands government.

• Thursday, August 29th 2013 - 03:39 UTC

  Neuquen legislature approves YPF/Chevron deal to exploit Vaca Muerta shale reserves

  

  The Argentine Patagonian province of Neuquén legislature approved by a comfortable majority the agreement struck between YPF and Chevron to exploit the Vaca Muerta shale gas reserves, after a day disrupted by fierce protests outside the provincial parliament.

• Wednesday, August 14th 2013 - 03:13 UTC

  Chevron-YPF partnership splits the Argentina/Ecuador ‘progressive’ entente

  

  US petroleum giant Chevron has warned that the continuing legal battle with Ecuador's government over pollution charges could put in jeopardy the company's partnership with YPF to exploit the Vaca Muerta shale reserves in the Patagonian province of Neuquén, Argentina.

• Monday, August 5th 2013 - 02:11 UTC

  Argentine economy conditioned by energy imports and subsidized fuels and power

  

  If the Argentine government does not manage to stabilize its energy balance, which is one of the main drains of US dollars, the ban on hard currency purchases, the barriers to imports and the growing obstacles to spend money overseas for Argentine travellers will continue and could worsen, according to Buenos Aires analysts.

• Friday, August 2nd 2013 - 03:01 UTC

  Argentina’s energy challenges according to The Economist: Flogging a dead cow

  

  The Economist in its latest printed edition addresses Argentina’s challenges in the energy field including the seizure of a majority stake in YPF from Spain’s Repsol and the latest agreement with US oil company Chevron to exploit shale oil and gas.

• Saturday, July 27th 2013 - 05:11 UTC

  Repsol takes YPF/Chevron deal to World Bank’s Investment Disputes Centre

  

  Spanish oil company Repsol asked the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) to take provisional measures to prevent YPF state-owned oil company to execute the deal it sealed with Chevron last year to explore for unconventional hydrocarbons in the Vaca Muerta shale formation.

• Wednesday, July 17th 2013 - 07:24 UTC

  Argentina’s nationalized YPF and Chevron sign agreement to develop shale deposits

  

  Chevron, the world’s second-biggest oil company signed the first agreement with Argentina’s government since it nationalized YPF in 2012 to help develop shale oil and natural gas in the Vaca Muerta basin of the Patagonian province of Neuquen.